%h5 Irish Immigrant Investor Programme

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      Irish Immigrant Investor Programme
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    %label.title-label{style:"padding-top: 80px"} Irish Immigrant Investor Programme
    %p The New Irish Immigrant Investor Programme (“IIP”) was introduced on 13 March 2012 by the Irish Minister of Justice and revised on 5 July 2013. It aims to stimulate productive investment in Ireland in return for residency in Ireland.

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%label.title-label KEY BENEFITS OF THE PROGRAMME:

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  %ul
    %li The applicant is not required to establish actual residence in Ireland and is only expected to visit Ireland for one day in a 12 month period;

    %li The dependents of the applicant will have the right to stay in Ireland, take education, both primary and secondary level, for free;

    %li After three years the investor can remove their investment, the Visa/Immigration permission will be permanent; and

    %li The applicant can seek naturalisation (as long as certain criteria are met) after four years.

%label.title-label KEY REQUIREMENTS
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%label Investment amount
%p There are six investment options available. Only one of these needs to be chosen:

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    %th{width: '200px'} Option
    %th{width: '400px'} Investment Terms
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    %td Immigrant Investor Bond
    %td €1.0 million invested in the bond at 0% interest rate - currently suspended
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    %td Enterprise investment
    %td €1.0 million invested in an Irish Enterprise for 3 years
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    %td Investment Funds
    %td €1.0 million invested in an approved fund. For further information please see links below.
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    %td Real Estate Investment Trusts
    %td A minimum investment of €2 millionin any Irish REIT that is listed on the Irish Stock Exchange. The €2 million investment may be spread across a number of different Irish REITs.
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    %td Mixed investment
    %td Investment in a residential property of minimum value of €450,000 and an investment of €500,000 into the immigrant investor bond, giving a minimum investment of €950,000. The level of investment into the bond would no longer be linked to the value of the property purchased.Currently suspended
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    %td Endowment
    %td €500,000 philanthropic donation by an individual (€400,000 where 5 or more individuals pool their endowment for one appropriate project).

%label.title-label Residency requirements

%p The applicant is not required to establish actual residence in Ireland, and is expected to visit Ireland at least once in every 12 month period.

%label.title-label Self sufficiency

%p Applicants will be required to be self-sufficient and to support their families without recourse to State funds. In practice this means that applicants need to have reasonable resources available to them above the minimum investment amounts. Applicants must be of good character and will be required to attest to their bona fides.

%label.title-label DURATION OF PERMISSION

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    %li Residence permission is permanent from the outset. At the end of the second and fifth years, the INIS will confirm the investor continues to comply with the conditions under which they initially qualified;
    %li After the initial three years the investment in Ireland will be deemed to be completed for immigration purposes.
    %li No further investment is required subject to the investor and their family members not becoming a threat to national security, becoming involved in criminal activity, subject to deportation or removal from Ireland or another country and not being a financial burden on Ireland; and
    %li The immigrant investor visa programme is for three years

%label.title-label PATHWAY TO CITIZENSHIP

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  The following conditions must be satisfied to be eligible to apply for citizenship in Ireland:
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    %li The investor must be at least 18 years of age;
    %li Be of good character;
    %li Have had a period of one year’s continuous reckonable residence in Ireland immediately before the date of the application and, four years during the prior eight years. Naturalisation can be applied after four years (i.e. during the period of the Immigrant Investor Programme visa) as long as the applicant has been in Ireland for the whole time;
    %li Intend in good faith to continue to reside in Ireland after naturalisation; and
    %li Make a declaration of fidelity to the nation and loyalty to the State.


